The "Good Enough" Method of Decision Making Is Also Called

question 23

Multiple Choice

The "good enough" method of decision making is also called:

• A)utility-maximizing behavior.
• B)profit-maximizing behavior.
• C)bounded rationality.
• D)irrational decision making.

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Definitions:

Valences

In the context of psychology, it refers to the intrinsic attractiveness or aversiveness of an event, object, or situation.

Task Goals

The specific objectives or targets that an individual or team aims to achieve within a task.

Expectancy Theory of Motivation

A theory suggesting that an individual's motivation is based on their expected outcome of specific behaviors and the value they place on those outcomes.

Valence

The degree of attractiveness or aversiveness of a particular event, object, or situation, often influencing an individual's motivation levels.